SHRE.L Regulatory News (SHRE)

Share plc

(the "Company")

Director Dealings

Share plc (AIM: SHRE.LN) announces that Richard Stone, Chief Executive, on Wednesday 30 April, exercised 146,903 options over Ordinary Shares (representing approximately 0.10% of the current issued Ordinary Shares) at an average exercise price of 20.9 pence per share. These options were granted in 2006, 2007 and 2008 all under the Company's Enterprise Management Incentive (EMI) scheme.

Richard Stone sold 121,168 shares at 48.0 pence per ordinary share, also on the 30 April. Following these transactions Richard Stone now holds 149,914 shares in the Company representing approximately 0.10% of the current issued Ordinary Shares.

The Company also announces the following option grants.

To satisfy the options award agreed by the Board Remuneration Committee on his appointment as Chief Executive, and as disclosed in the 2013 Annual Report, Richard Stone, Chief Executive, has today (1 May) been granted options over 66,666 Ordinary Shares (representing 0.05% of the current issued Ordinary Shares) at an exercise price of 45.0 pence per share. These options have been granted within the Company's Share Option Plan (CSOP) scheme and will vest on 1 May 2017. In addition, Richard Stone has been granted options over 4,255,000 Ordinary Shares (representing 3.0% of the current issued Ordinary Shares) at an exercise price of 1.0 pence per share. These options will vest in four equal amounts of 1,063,750 shares on the 1 May in 2017, 2018, 2019 and 2020 respectively. These option grants, grossed up to cover the tax liability which will arise on exercise and which will be met by Richard Stone, are intended to result in him owning 2,000,000 shares after tax in 2020. These shares will vest only if the Board Remuneration Committee is satisfied that Richard Stone's performance meets the standards expected, and the Committee considers this grant to be an important part of aligning the interests of senior management and shareholders.

In addition, the Company announces that Mike Birkett, Finance Director, has been granted options over 66,666 Ordinary Shares (representing 0.05% of the current issued Ordinary Shares) at an exercise price of 45.0 pence per share. These options have been granted within the Company's Share Option Plan (CSOP) scheme and will vest on 1 May 2017. In addition, Mike Birkett has been granted options over 1,170,000 Ordinary Shares (representing 0.8% of the current issued Ordinary Shares) at an exercise price of 45.0 pence per share. These options will vest in three equal amounts of 390,000 shares on the 1 May in 2017, 2018, and 2019 respectively. These option grants represent the award agreed by the Board Remuneration Committee on Mike Birkett's appointment and have been grossed up to cover the tax liability which will arise on exercise and which will be met by Mike Birkett. These shares will vest only if the Board Remuneration Committee is satisfied that Mike Birkett's performance meets the standards expected, and the Committee considers this grant to be an important part of aligning the interests of senior management and shareholders. These are the only options Mike Birkett holds.

Finally, under the Company's process of awarding options to Senior Managers and Directors every six months, the following awards have been made:

Gavin Oldham, Chairman, has been granted options over 65,433 Ordinary Shares (representing approximately 0.05% of the current issued Ordinary Shares) at an exercise price of 45.0 pence per Ordinary Share. These options have been granted on an unapproved basis outside of the Company's CSOP arrangements. Following this grant, Gavin Oldham holds 272,306 Ordinary Shares under option (representing 0.19% of the current issued Ordinary Shares).

Richard Stone, Chief Executive, has been granted options over 65,433 Ordinary Shares (representing approximately 0.05% of the current issued Ordinary Shares) at an exercise price of 45.0 pence per Ordinary Share. These options have been granted on an unapproved basis outside of the Company's CSOP arrangements. Following this grant, and those above, Richard Stone now holds 4,707,586 Ordinary Shares under option or co-ownership arrangements with the Employee Benefit Trust (representing 3.3% of the current issued Ordinary Shares).

The Company has, and will continue to operate, a policy of seeking to settle all option exercises, Share Incentive Plan awards and any other equity settled payments to staff using shares purchased by the Employee Benefit Trust (EBT) in the secondary market. As at 31 December 2013 the EBT held just over 2.3 million Ordinary Shares.

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